How to Invest in AFC Asia Frontier Fund

Asia Frontier Capital Limited is a Cayman Islands domiciled fund management company that has open ended funds which are open for investment. Funds are domiciled in the Cayman Islands with the "AFC Asia Frontier Fund" open for US investors only and the "AFC Asia Frontier Fund (non-US)" open for non-US investors only.

Subscription to the funds is available on a monthly basis and close 5 working days prior to the last day of each calendar month. There are 2 share classes and the fund base currencies are USD, CHF and EUR.

For information on how to invest in the AFC Vietnam Fund please click here.

If you were looking for information on the other funds, please click one of the following:

Invest Directly with AFC

To invest directly in AFC’s funds you will need to:

complete the subscription documents

provide KYC information

arrange a funds transfer of the investment amount

The documents take approximately 20 minutes to complete. To enquire about this process or request the documents please contact This email address is being protected from spambots. You need JavaScript enabled to view it..

Whilst there are many ways to gain access to our funds, we generally advise potential investors to invest directly into the AFC Asia Frontier Fund, AFC Iraq Fund or AFC Vietnam Fund. The advantages compared to investing through a bank, platform or other provider include:

No brokerage fees when subscribing to the funds

No custody fees during the holding period

Investors will receive a monthly update with number of shares held and latest NAV (can also be used for tax purposes in many countries)

Investors will receive ad-hoc information such as the audited annual report

Invest via your Bank

You can enquire with your bank as to whether they have an established relationship with Asia Frontier Capital or access to our funds via another mechanism. Occasionally some investors have been trying to invest through their bank however some of the banks declined the order for unknown reasons.

In such a case, you should inform your bank that the following companies can provide fund execution services:

We have received enquiries from clients regarding other fund platforms and the majority of platform providers indicated that they are able to begin their internal due diligence process on our funds when they receive a request from their existing clients.

If you would like assistance investing via your existing fund account please be in touch directly with them to enquire. We are also happy to help expedite this process on your behalf and encourage you to contact This email address is being protected from spambots. You need JavaScript enabled to view it. if you would like assistance from our team.

Invest via your IRA, SIPP or Superannuation Fund

US investors can invest in AFC Asia Frontier Fund through a "self-directed IRA". Millennium Trust Company (http://www.mtrustcompany.com/) is already offering this service and clients have already invested in AFC Asia Frontier Fund through Millennium Trust.

Non-US investors can also invest via their self directed retirement accounts and several clients from the UK and Australia have already subscribed in this manner.

As each juristiction has different regulations and administrative procedures please contact your retirement fund to enquire about potential options to invest. If you would like more information with regard to investing via your retirement vehicle please contact This email address is being protected from spambots. You need JavaScript enabled to view it..

* The representative of the AFC Asia Frontier Fund (non-US) in Switzerland is Hugo Fund Services SA, 6 Cours de Rive, 1204 Geneva. NPB Neue Privat Bank AG, Limmatquai 1 /am Bellevue, CH – 8024 Zürich, Switzerland is the Swiss Paying Agent. In Switzerland, shares shall be distributed exclusively to qualified investors. The fund offering documents, articles of association and audited financial statements can be obtained free of charge from the Representative. The place of performance with respect to shares distributed in or from Switzerland is the registered office of the Representative.

*** By accessing information contained herein, users are deemed to be representing and warranting that they are either a Hong Kong Professional Investor or are observing the applicable laws and regulations of their relevant jurisdictions.